How to Value Gold and Silver for Zakat
Valuing gold and silver correctly is essential for accurate Zakat calculation. Use current market prices on your Zakat date.
To calculate Zakat on gold and silver, you need to know the current market price per gram. Multiply the price by the total weight of gold or silver you own.
Step 1: Weigh Your Gold and Silver
Determine the total weight.
Gather all your gold and silver items. Weigh them using a jewelry scale or take them to a jeweler. Record the total weight in grams for gold and separately for silver.
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